secwatch.observer — SEC 8-K summary
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Issuer:     Ranger Energy Services, Inc. (RNGR)
CIK:        0001699039
Form:       8-K
Filed at:   2022-03-17T23:59:59+00:00
Accession:  0001699039-22-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranger Energy Q4 revenue $123.1M (+51% QoQ); FY2022 guidance raised to $520M-$560M
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- Q4 revenue $123.1M (+51% QoQ vs $81.7M); net income $24.4M vs loss $9.1M in Q3.
- Adjusted EBITDA $9.1M, up from $1.9M QoQ; bargain purchase gain of $37.2M from Basic Energy acquisition.
- High Spec Rigs segment revenue $59.5M, rig hours 111,600; hourly rate $533.
- FY2022 revenue guidance raised to $520M-$560M (prior $450M-$500M); EBITDA margin target 11%-13%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699039/000169903922000012/0001699039-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699039/000169903922000012/rng-20220317.htm
  HTML page:      https://secwatch.observer/filing/0001699039-22-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer